Liquidation.com Gears up for “Restock Tuesday”

<p class='bwalignc'> <i>Following Two of the Busiest Shopping Days of the Year, Liquidation.com Helps Retailers Source Additional Product Quickly to Prepare for a Surge of Holiday Shoppers</i> </p>

Monday, November 22, 2010

Liquidation.com Gears up for “Restock Tuesday”11:56 EST Monday, November 22, 2010
WASHINGTON (Business Wire) -- Liquidation.com, the leading online auction marketplace for surplus
inventory from top retailers, warehouse clubs and manufacturers, will
once again be preparing for Restock Tuesday, one of the site's strongest
traffic days, as online and offline retailers flock to the site to
restock their shelves following two of the busiest consumer shopping
days of the year. In anticipation of a surge in sales, staff is being
increased at each of the company's six nationwide warehouse locations,
where merchandise is available in various lot sizes to accommodate the
needs of the range of merchant types Liquidation.com serves.
For this year's Restock Tuesday, which each year falls on the Tuesday
after Thanksgiving, Liquidation.com anticipates closing 20% more
auctions than last year,in categories including: clothing and
accessories; jewelry; toys; televisions; iPods; consumer electronics;
housewares; tools and hardware, and many other types of product.
“The combination of earlier than normal discounting from retailers in an
effort to capture early market share, along with indications from
consumers that they intend to spend more this year compared to 2009,
suggests that retailers may feel pressure to restock inventory
immediately following Black Friday and Cyber Monday to prepare for the
holiday shopping rush,” said Cayce Roy, executive vice president of
Liquidation.com. “Liquidation.com is one of the few places that can meet
merchants' inventory needs quickly enough to sell before the end of
December.”
Liquidation.com works with seven of the top 10 retailers in the U.S.,
and helps hundreds of merchants through its selling of surplus,
overstock and consumer returned inventory. Auction sizes include
truckload, pallet, small package and single-unit, while product
conditions range from new to consumer returned and salvage. More than
1.3 million registered buyers source inventory and merchandise from
Liquidation.com, with access to inventory in warehouses located in
Fullerton, CA; Garland, TX; Plainfield, IN; Bentonville, AR; and
Cranbury, NJ.
About Liquidation.com
Liquidation.com is a Liquidity
Services Inc. marketplace where professional buyers and end users
can source commercial surplus inventory and government surplus assets in
an online auction environment. Bulk lots are sold by the truckload,
pallet or small package, as well as single unit lots, and conditions
range from new in a box to customer returns and used. Its wide variety
of product categories includes apparel, computers, electronics,
housewares, industrial equipment, vehicles and much more. For more
information visit: http://www.liquidation.com.
About Liquidity Services Inc.
Liquidity Services Inc. (NASDAQ:LQDT) and its subsidiaries enable
retailers, industrial corporations and government agencies to market and
sell surplus assets quickly and conveniently using online marketplaces
and value-added services. The company, a member of the S&P SmallCap 600
Index, operates multiple global e-commerce marketplaces for surplus and
salvage assets across the retail (Liquidation.com, UK-Liquidation.com),
government (GovLiquidation.com, GovDeals.com) and capital assets
(NetworkIntl.com, Liquibiz.com) sectors. Liquidity Services is based in
Washington, D.C., and has approximately 700 employees. Additional
information can be found at: www.liquidityservicesinc.com.
Liquidation.comMedia Contact:McClain Bell,
202-223-9260mcclain@allisonpr.com

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